Hugh Hewitt catches Washington Post columnist and anti-capitalist raver Harold Myerson saying this:
‘The broadly shared prosperity that characterized our economy in the three decades following World War II is now dead as a dodo.”
Myerson urgest the usual socialist bromides from the left: more unions, more government regulations, more bureaucracy.
Meanwhile, as Hugh points out, the Post’s marketing department is telling potential advertisers this:
“Washington will continue to lead most other major markets in household income in 2008, when the average after-tax household income is projected to be $73,328.
2003 Average Household Income 2008 Average Household Income
S.F.-Oakland-San Jose $72,106 $84,113
Washington $64,416 $73,328
New York $60,514 $68,414
Boston $60,080 $69,302
Chicago $58,811 $66,405
Dallas-Ft. Worth $57,001 $64,559
Houston $55,636 $63,718
Atlanta $55,331 $62,355
Philadelphia $54,088 $61,138
Los Angeles $53,463 $59,277
Average for the Top 10 [Metro Areas: $59,145 $67,261
United States $49,722 $55,968
Note: Household estimates projected from 1/1/04 to 1/1/09.
Source: Claritas 2004 Demographics U.S.A., County Edition”
So whom do you believe, dear readers?